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A large company that must hire a new president prepares a final list of five candidates, all of whom are equally qualified. Two of these candidates are members of a minority group. To avoid bias in the selection of the candidate, the company decides to select the president by lottery.
a. What is the probability one of the minority candidates is hired?
b. Which concept of probability did you use to make this estimate?
Elucidate which among the following is true.
q1. use a hypothetical example to illustrate whether you agree or disagree with the following statement unemployment
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Smart Bank buys a R5 million at-the-money notional call option on the credit spread between the ten-year bond of Max Ltd and that of the government.
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